$1B to $2B ARR in a few months with projection of $6B ARR by years end. If xAi wants to have it's own tools just like OpenAI and Anthropic, then it's not an unusual move.
Extrapolating from a few months to a full year and calling it AnnualRecurring Revenue is one of modern startup valuation gimmicks that I cannot not laugh at.
Sometimes it helps to go back to the basics to understand company performance: money in, money out?
Extrapolating from a few months to a full year and calling it Annual Recurring Revenue is one of modern startup valuation gimmicks that I cannot not laugh at.
Sometimes it helps to go back to the basics to understand company performance: money in, money out?